Traders and investors alike are watching Bitcoin closely as it continues to rally. The latest surge in price has been accompanied by a positive crossover in the weekly MACD histogram, which is a technical indicator that measures momentum. This is the first time the MACD has turned positive since April, and it suggests that the bullish momentum behind Bitcoin is picking up steam. "A similar MACD crossover occurred in October last year when BTC broke above resistance at $30,000, going on to hit an all-time high in March of this year," CoinDesk notes. This is a significant development, and it could be a sign that Bitcoin is on its way to new highs. Of course, the market is always unpredictable, so it's important to do your own research before making any investment decisions.